Sweden's financial watchdog announced on Thursday that it was abandoning its controversial bid for a price hike on new mortgages – just three months before the proposed plan would have come into effect.
Fancy owning a stunning home in Sweden for the same price as a shed in London or New York? It's the best time in years for Brits and Americans to invest in the Nordic nation, thanks to the weak kronor. Here's The Local's guide to snapping up a gorgeous property for less than €100,000 (£72,000, $106,009, 933,210 kronor).
Some of Stockholm's homeless population are set to be offered permanent accommodation in the city centre, as part of efforts to help them reintegrate into society. But the move is a highly controversial one in the capital where there is a long queue for first hand rental contracts among tax-paying residents.
UPDATED: Sweden's Prime Minister Stefan Löfven has unveiled his strategy for tackling the nation's housing crisis, pledging that 150,000 new homes will be built each year from 2016, in a move designed to help both Swedish and international workers.